News for 'Shailesh'

Despite profit-booking, Sensex, Nifty end higher

Despite profit-booking, Sensex, Nifty end higher

Rediff.com8 Sep 2025

Among Sensex firms, Tata Motors rose the most by 3.97 per cent. Mahindra & Mahindra jumped by 3.96 per cent. Maruti, Adani Ports, Bajaj Finance and UltraTech Cement were also among the gainers. However, Trent declined 3.81 per cent. Asian Paints, HCL Tech, Tech Mahindra, L&T, TCS, Power Grid and Sun Pharma were also among the laggards.

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

Rediff.com6 Sep 2025

Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 65,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. The Mumbai-based auto major said that its small car Tiago will see a price drop of Rs 75,000, Tigor Rs 80,000, and Altroz Rs 1.10 lakh.

Will Kantara Storm The Diwali Box Office?

Will Kantara Storm The Diwali Box Office?

Rediff.com27 Sep 2025

It's 'not looking like a Diwali lineup, which is usually grand and has superstar movies.'

Maharashtra leads in FPO ease of doing business; MP loses crown

Maharashtra leads in FPO ease of doing business; MP loses crown

Rediff.com4 Sep 2025

Maharashtra has topped the list of states with the most favourable ecosystem for the growth of Farmer Producer Organisations (FPOs), replacing Madhya Pradesh, which has slipped to second place, according to the latest Ease of Doing Business for FPOs (EoDBF) ranking.

Sensex climbs 329 points on global markets' rally

Sensex climbs 329 points on global markets' rally

Rediff.com25 Aug 2025

From the Sensex firms, Infosys, Tata Consultancy Services, HCL Tech, Tech Mahindra, Tata Motors, Sun Pharma, Maruti and Titan were among the major gainers. Bharat Electronics, Asian Paints, Bharti Airtel and ICICI Bank were among the laggards.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

EV makers relieved at status quo on GST levy

EV makers relieved at status quo on GST levy

Rediff.com5 Sep 2025

Electric vehicle (EV) manufacturers breathed a sigh of relief after the GST Council on Wednesday night retained the concessional 5 per cent rate on EVs, though they now face competition from small petrol and diesel cars, which will attract a lower 18 per cent levy.

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

Rediff.com23 Aug 2025

The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.

ICICI revises minimum balance requirement for new savings a/cs

ICICI revises minimum balance requirement for new savings a/cs

Rediff.com14 Aug 2025

ICICI Bank has reversed its decision to raise the minimum monthly average balance (MAB) for new savings accounts in metro and urban locations to Rs 50,000, revising it instead to Rs 15,000, effective August 1. The MAB for new savings accounts in semi-urban locations has been revised from Rs 25,000 to Rs 7,500, and for rural locations from Rs 10,000 to Rs 2,500.

Car crash kills four Indian-origin seniors in West Virginia

Car crash kills four Indian-origin seniors in West Virginia

Rediff.com3 Aug 2025

Four senior Indian-origin persons were killed in a car crash in West Virginia. The victims were reported missing from Buffalo, New York, and their vehicle was found off a steep embankment.

ED raids Anil Ambani-linked cos in loan fraud case, Yes Bank

ED raids Anil Ambani-linked cos in loan fraud case, Yes Bank

Rediff.com24 Jul 2025

The Enforcement Directorate on Thursday conducted simultaneous raids as part of a money laundering investigation linked to an alleged bank loan fraud of Rs 3,000 crore against Anil Ambani group companies and Yes Bank, official sources said.

Sebi flags Rs 77,800 cr as difficult-to-recover dues in FY25 annual report

Sebi flags Rs 77,800 cr as difficult-to-recover dues in FY25 annual report

Rediff.com13 Aug 2025

The Securities and Exchange Board of India (Sebi) has identified around Rs 77,800 crore as "difficult-to-recover" or DTR dues in its annual report for 2024-25 (FY26), marking a nearly 2 per cent increase from the previous year. These dues remain unrecovered despite exhaustive recovery efforts.

Jio's Rs 30,000 Cr IPO: India's Largest

Jio's Rs 30,000 Cr IPO: India's Largest

Rediff.com2 Sep 2025

Reliance holds 67.03% of Jio Platforms Limited and the public listing would provide an exit to many investors.

L&T bets big on data centres, defence sector

L&T bets big on data centres, defence sector

Rediff.com26 Aug 2025

Larsen & Toubro Ltd (L&T) is deepening its push into data centres and defence manufacturing while keeping an eye on emerging opportunities in nuclear and thermal power, chairman and managing director SN Subrahmanyan said. The engineering and construction conglomerate has invested around Rs 2,200 crore in data centres, with 32 megawatts (Mw) already operational.

HDFC Bank board mulls bonus issue, special dividend

HDFC Bank board mulls bonus issue, special dividend

Rediff.com16 Jul 2025

HDFC Bank on Wednesday said its board in its meeting on July 19 will decide on issuing bonus shares and special interim dividend.

Medal hopes Thangavelu, Sharad not included for World Para C'ships

Medal hopes Thangavelu, Sharad not included for World Para C'ships

Rediff.com27 Aug 2025

Paris Paralympics club throw gold medallist Dharambir Nain and double bronze winner sprinter Preethi Pal have been named as India's flag bearers for the opening ceremony on September 27.

Sensex jumps nearly 540 points on Asian stocks rally

Sensex jumps nearly 540 points on Asian stocks rally

Rediff.com23 Jul 2025

Among Sensex firms, Tata Motors, Bharti Airtel, Bajaj Finance, Maruti, Bajaj Finserv, ICICI Bank, HDFC Bank and Reliance Industries were the major gainers. However, Hindustan Unilever, UltraTech Cement, Bharat Electronics and ITC were among the laggards.

India, US Push To Futureproof Trade Ties

India, US Push To Futureproof Trade Ties

Rediff.com29 Jul 2025

India is seeking either an exemption or a longer timeline on the pharmaceutical tariffs, expected to kick in by July 31.

Sensex climbs 443 pts on buying in HDFC Bank, ICICI Bank

Sensex climbs 443 pts on buying in HDFC Bank, ICICI Bank

Rediff.com21 Jul 2025

ICICI Bank jumped 2.76 per cent after the company posted a 15.9 per cent jump in its consolidated net profit for the June quarter to Rs 13,558 crore compared to Rs 11,696 crore in the year-ago period. HDFC Bank climbed 2.19 per cent despite the firm reporting a 1.31 per cent decline in its consolidated net profit to Rs 16,258 crore for the June 2025 quarter. Mahindra & Mahindra, Bharat Electronics, Kotak Mahindra Bank and Tata Motors were also among the gainers.

Sensex tanks 501 pts on selling in bank stocks, foreign fund outflows

Sensex tanks 501 pts on selling in bank stocks, foreign fund outflows

Rediff.com18 Jul 2025

Bharat Electronics, Bharti Airtel, HDFC Bank, Kotak Mahindra Bank, Titan and Eternal were also among the laggards from the Sensex pack. However, Bajaj Finance, Tata Steel, ICICI Bank, HCL Tech and Infosys were among the gainers.

Tata Motors Q1 net profit down 62.2% to Rs 4,003 cr

Tata Motors Q1 net profit down 62.2% to Rs 4,003 cr

Rediff.com8 Aug 2025

Tata Motors on Friday reported a 62.2 per cent decline in consolidated net profit to Rs 4,003 crore in the June quarter, impacted by volume decline across segments, drop in JLR profits due to US tariffs and high base effect due to gain from sale of discontinued operations. The auto major had posted a consolidated net profit of Rs 10,587 crore in the April-June quarter of the previous fiscal, Tata Motors Ltd (TML) said in a regulatory filing.

Paytm posts first-ever profit of Rs 122.5 crore in Q1 FY26

Paytm posts first-ever profit of Rs 122.5 crore in Q1 FY26

Rediff.com23 Jul 2025

Fintech firm One97 Communications, which owns the Paytm brand, reported its first-ever consolidated net profit at Rs 122.5 crore in the quarter ended June 2025, mainly on account of cost optimisation and an increase in payment revenue. Paytm had posted a net loss of Rs 840 crore in the year-ago period.

RIL sells 85 lakh shares of Asian Paints for Rs 1,876 cr

RIL sells 85 lakh shares of Asian Paints for Rs 1,876 cr

Rediff.com17 Jun 2025

Billionaire Mukesh Ambani-led Reliance Industries on Monday sold 85 lakh shares of Asian Paints for Rs 1,876 crore through an open market transaction.

Strong order pipeline, execution to drive gains for L&T

Strong order pipeline, execution to drive gains for L&T

Rediff.com7 Aug 2025

Larsen & Toubro's (L&T) Q1FY26 revenue and net profit came in slightly ahead of estimates. There was strong core engineering and construction (E&C) order inflows at Rs 76,600 crore, with order wins in energy and infrastructure in domestic and international markets.

L&T lists India's 1st ESG bonds on NSE; raises Rs 500 cr

L&T lists India's 1st ESG bonds on NSE; raises Rs 500 cr

Rediff.com23 Jun 2025

Engineering and construction conglomerate Larsen & Toubro (L&T) on Monday announced the listing of the country's first environmental, social and governance bonds on the NSE, raising Rs 500 crore through debentures. In a filing to BSE, the company said it "has listed India's first ESG bonds on the National Stock Exchange (NSE), setting a precedent for a greener and more sustainable financial future in India".

Sensex decline on fag-end selling; financial stocks drag

Sensex decline on fag-end selling; financial stocks drag

Rediff.com3 Jul 2025

Among the Sensex firms, Kotak Mahindra Bank, Bajaj Finserv, Bajaj Finance, Adani Ports, Trent, State Bank of India, Titan and Tata Consultancy Services were the laggards. However, Maruti, Infosys, NTPC, Asian Paints, Eternal and Hindustan Unilever were among the biggest gainers.

HDFC Bank CEO seeks quashing of FIR filed by Lilavati Trust

HDFC Bank CEO seeks quashing of FIR filed by Lilavati Trust

Rediff.com18 Jun 2025

HDFC Bank's managing director and chief executive officer Sashidhar Jagdishan has approached the Bombay high court, seeking quashing of the FIR registered against him based on the financial fraud allegations made by the Lilavati Trust, which oversees the Mumbai-based Lilavati Hospital.

Bank stocks help Sensex gain 193 points at close

Bank stocks help Sensex gain 193 points at close

Rediff.com4 Jul 2025

From the Sensex firms, Bajaj Finance, Infosys, Hindustan Unilever, ICICI Bank, HCL Tech, UltraTech Cement, Bajaj Finserv, State Bank of India, Tata Consultancy Services, Reliance Industries, Axis Bank and Larsen & Toubro were among the major gainers. However, Trent, Tata Steel, Tech Mahindra and Maruti were among the laggards.

ICICI Bank made an offer to acquire HDFC: Parekh

ICICI Bank made an offer to acquire HDFC: Parekh

Rediff.com21 Jun 2025

Veteran banker and former chairman of HDFC Ltd Deepak Parekh has said that ICICI Bank had made an offer to take over mortgage lender HDFC Ltd but it was declined. HDFC Ltd, the parent entity of HDFC Bank, later merged with its banking subsidiary to create the country's biggest private sector lender.

Govt likely to soon compensate oil firms for LPG losses

Govt likely to soon compensate oil firms for LPG losses

Rediff.com10 Jul 2025

The government is likely to give a subsidy of Rs 30,000-35,000 crore to state-run oil companies - Indian Oil Corporation (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) - to compensate for losses incurred from selling LPG at below cost over the past 15 months, according to a senior official.

Sensex rises 317 pts on gains in auto, pharma shares

Sensex rises 317 pts on gains in auto, pharma shares

Rediff.com15 Jul 2025

Stock markets snapped the four-day falling streak on Tuesday with the benchmark Sensex rebounding by 317 points on buying in auto and pharma shares amid a decline in retail inflation to a more than six-year low, nearing the RBI's comfort zone. The 30-share BSE Sensex climbed 317.45 points or 0.39 per cent to settle at 82,570.91. During the day, it jumped 490.16 points or 0.59 per cent to 82,743.62. The 50-share NSE Nifty edged higher by 113.50 points or 0.45 per cent to 25,195.80.

Uttarkashi floods: 2 bodies recovered, fear grows for trapped

Uttarkashi floods: 2 bodies recovered, fear grows for trapped

Rediff.com6 Aug 2025

Landslides blocked arterial roads leading up to Dharali where dozens of people were trapped and many homes and cars swept away by the raging waters on Tuesday. Eleven Army personnel from the nearby camp in Harsil were among those missing.

Light A Candle For Pahalgam Martyrs

Light A Candle For Pahalgam Martyrs

Rediff.com22 Jun 2025

Light a candle to their memory, to show their families and the world that we care. To show that we will not forget, nor will we forgive.

Sensex ends down 288 points dragged by HDFC Bank and foreign fund outflows

Sensex ends down 288 points dragged by HDFC Bank and foreign fund outflows

Rediff.com2 Jul 2025

From the Sensex pack, Bajaj Finserv, Larsen & Toubro, Bajaj Finance, HDFC Bank, Bharat Electronics and Kotak Mahindra Bank were among the major laggards. However, Tata Steel, Asian Paints, UltraTech Cement, and Trent were the biggest gainers.

Shares of MIIs, brokerages decline as concerns rise over threat to volumes

Shares of MIIs, brokerages decline as concerns rise over threat to volumes

Rediff.com13 Jul 2025

Stocks of brokerages and market infrastructure institutions (MIIs) witnessed selling pressure after the Securities and Exchange Board of India's (Sebi's) crackdown on proprietary trading firm Jane Street. The weakness was attributed to concerns that debarment of the US firm - a prominent player in the futures and options (F&O) segment - will lead to a further decline in volumes, which are already down over 30 per cent from the peak.

Lilavati Trust files Rs 1,000 cr defamation suit against HDFC Bank CEO

Lilavati Trust files Rs 1,000 cr defamation suit against HDFC Bank CEO

Rediff.com20 Jun 2025

Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) on Friday said it has filed a Rs 1,000 crore civil defamation lawsuit against HDFC Bank MD & CEO Sashidhar Jagdishan, over a series of malicious, and false statements made against the Trust and its permanent trustee, Prashant Mehta.

Sensex gains 300 pts on fresh foreign fund inflows and buying in ICICI Bank, RIL

Sensex gains 300 pts on fresh foreign fund inflows and buying in ICICI Bank, RIL

Rediff.com27 Jun 2025

From the Sensex pack, Asian Paints, UltraTech Cement, Power Grid, ICICI Bank, Reliance Industries, Hindustan Unilever, Bharat Electronics and Sun Pharma were among the major gainers. In contrast, Trent, Eternal, Axis Bank and Titan were among the laggards.

Sensex, Nifty end lower on mounting geopolitical tensions

Sensex, Nifty end lower on mounting geopolitical tensions

Rediff.com19 Jun 2025

From the Sensex firms, Adani Ports, Bajaj Finance, Tech Mahindra, IndusInd Bank, Nestle and Tata Steel were among the major laggards. In contrast, Mahindra & Mahindra, Titan, Larsen & Toubro, Bharti Airtel and Maruti were among the gainers.

Bank stocks drive Sensex up 256 points

Bank stocks drive Sensex up 256 points

Rediff.com9 Jun 2025

Among Sensex stocks, Kotak Mahindra Bank, Bajaj Finance, Axis Bank, Power Grid, IndusInd Bank, Maruti, Bajaj Finserv and NTPC were the biggest gainers. However, Eternal, ICICI Bank, Titan, Mahindra & Mahindra, Adani Ports, Tata Steel and Bharti Airtel were among the laggards.

HDFC Bank vs Lilavati Trust: Several HC benches recuse from hearing plea

HDFC Bank vs Lilavati Trust: Several HC benches recuse from hearing plea

Rediff.com26 Jun 2025

Several benches of the Bombay high court have recused from hearing HDFC Bank CEO and MD Sashidhar Jagdishan's plea to quash an FIR of cheating and fraud registered against him on a complaint filed by the Lilavati Kirtilal Mehta Medical Trust. While some judges cited having worked with either the Trust or the lawyers appearing for it, one judge on Thursday voluntarily disclosed that he held few shares of the HDFC Bank.